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Expert Opinion: Global Coconut Milk Powder Market

ASSO International Consulting estimates that global Coconut Milk Powder will reach $1.8 billion by 2028!
 
Coconut milk powder is a fine, white powder used in Southeast Asian and other cuisines. Coconut milk powder is manufactured through the spray drying process of raw unsweetened coconut cream and is reconstituted with water for use in recipes that call for coconut milk. Many commercially available coconut milk powders list milk or casein among their ingredients. ASSO International Consulting analyst Alisha pointed out that the global production and consumption of coconut milk powder is mainly concentrated in the Asia-Pacific region, especially Southeast Asian countries.
 
Figure Coconut Milk Powder Consumption Share in 2022


Source: ASSO International Consulting
 
Coconut Milk Powder have wide range of applications, such as beverages, savory & snacks, bakery & confectionery, dairy & frozen products, etc. And beverage was the most widely used area which took up about 32% of the global total in 2022. Maggi, Thai-Choice, Ayam, Cocomi, Fiesta, etc. are the key suppliers in the global coconut milk powder market. Alyssa, an analyst at ASSO International Consulting, pointed out that the major players of global coconut milk powder have a low market concentration.
 
Figure Coconut Milk Powder Market Size (US$ Million) (2017-2028)

Source: ASSO International Consulting
 
Click to view the full report TOC, figure and tables
 
The Global Coconut Milk Powder Market Research Report 2022-2028 report released by ASSO Consulting Company provides a basic overview of the Coconut Milk Powder industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures. The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Coconut Milk Powder industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.
 
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